Avation PLC (LON:AVAP) has delivered the first new ATR 72-600 aircraft to Danish Air Transport (DAT) as part of a leasing deal signed in August.
Jeff Chatfield, executive chairman of Avation, said the aircraft was delivered at ATR’s facility in Toulouse for a 12-year lease at market rate.
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The agreement, for two ATR 72-600’s, has the second aircraft scheduled for delivery in October.
In lunchtime trading Monday, Avation shares were up 0.2% at 250p.